CIS: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in CIS

In 2022, the CIS agricultural harvester market was finally on the rise to reach $X after seven years of decline. Overall, consumption, however, saw a pronounced reduction. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Agricultural Harvester Production in CIS

In value terms, agricultural harvester production expanded markedly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Agricultural Harvester Exports

Exports in CIS

In 2022, overseas shipments of agricultural harvesters decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, agricultural harvester exports fell sharply to $X in 2022. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus dominates exports structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Russia (X units), committing a X% share of total exports. Uzbekistan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to agricultural harvester exports from Belarus stood at X%. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Russia (X%) illustrated a downward trend over the same period. Russia (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Belarus ($X), Russia ($X) and Uzbekistan ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, surging by X% against the previous year. In general, the export price recorded a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced a decline in the export price figures.

Agricultural Harvester Imports

Imports in CIS

In 2022, approx. X units of agricultural harvesters were imported in the CIS; declining by X% compared with the year before. Overall, imports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2016 with an increase of X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, agricultural harvester imports reduced rapidly to $X in 2022. Over the period under review, imports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Russia represented the main importer of agricultural harvesters in the CIS, with the volume of imports reaching X units, which was near X% of total imports in 2022. It was distantly followed by Kazakhstan (X units), committing a X% share of total imports. Belarus (X units), Moldova (X units) and Uzbekistan (X units) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to agricultural harvester imports into Russia stood at X%. At the same time, Uzbekistan (X%), Belarus (X%), Moldova (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Kazakhstan (X p.p.), Belarus (X p.p.), Moldova (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, the largest agricultural harvester importing markets in the CIS were Russia ($X), Kazakhstan ($X) and Belarus ($X), with a combined X% share of total imports. Moldova and Uzbekistan lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price, however, saw a tangible increase. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Moldova ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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